From Property-report.com: Oversupply fears will slow the Thai property market for a couple of months before positive sentiment will resume next year, according to local developers.
Mayta Chanchamcharat, director and chief business officer of Pruksa Real Estate said concerns about a possible property bubble in Bangkok and the Bank of Thailandís announcement capping condominium mortgages at 90 per cent of value from January 1 have quietened the market due to a retreat of speculators and investors..............................................Full Article: Source